Stupickles, Author at Capstone Law LLC - Page 4 of 5

Please enjoy this week’s edition of Capstone Law’s Philadelphia Real Estate Trends: La Salle University announced plans to construct a new $35 million state-of-the-art home for its business school. The University intends to open the new 78,000 square foot Northwest Philadelphia facility by January, 2016. La Salle intends to mimic the “collaborative learning and teamwork environment” of the 21st century business world by locating classrooms,…

Please enjoy the Halloween edition of Capstone Law’s Philadelphia Real Estate Trends: National investors continue to flock to Philadelphia’s multi-family assets. This past summer, Chicago-based The John Buck Company opened its 34-story luxury apartment complex at 2116 Chestnut Street. On the heels of the JBC investment comes word this week that Los Angeles-based Lowe Enterprises Investors acquired the Granary from Philadelphia’s…

Please enjoy this week’s edition of Capstone Law’s Philadelphia Real Estate Trends: Does Carl Dranoff ever sleep? Right on the heels of his proposed (and somewhat controversial) One Riverside Park in Center City’s Fitler Square neighborhood, we hear that the Philadelphia real estate mogul contemplates yet another mixed-use project on South Broad Street in addition to his Symphony House Condominiums,…

Please enjoy this week’s edition of Capstone Law’s Philadelphia Real Estate Trends: For decades, numerous government and private groups in Philadelphia aimed to transform the utterly drab and disconnected Penn’s Landing into a destination worthy of a world-class city. These plans typically failed due to budget shortfalls and insufficient political will. Despite these setbacks, the City of…

Please enjoy this week’s edition of Capstone Law’s Philadelphia Real Estate Trends: In addition to announcing plans to add approximately 2,000 jobs to its Philadelphia Navy Yard headquarters, Urban Outfitters entered into a lease for the former Waterloo Gardens in Devon. Urban plans to transform this 6.5-acre site into Devon’s first true downtown. This “lifestyle center” will include an upscale garden center, a boutique hotel, a…

Please enjoy this week’s edition of Capstone Law’s Philadelphia Real Estate Trends: After decades of failed attempts, we hear that Philadelphia’s last remaining movie palace will indeed be saved. Rumor has it that iPic Entertainment of Florida intends to renovate the historic Boyd Theater into a 744-seat movie theater, complete with reclining chairs, pillows and blankets by 2015. The Boyd will…

This week’s edition of Capstone Law’s Philadelphia Real Estate Trends focuses on the symbiotic relationship between real estate and transportation. The Center City District and the Central Philadelphia Development Corporation recently released their “How Philadelphia Gets to Work” report. The report found that 70% of Philadelphians rely on public transit to commute to work and that housing values generally held…

Rumor has it that Liberty Property Trust is close to announcing several new office towers that will be built for Comcast, adjacent to Comcast’s current headquarters in Center City. They allegedly retained famed British architectural firm Foster + Partners — who designed such landmarks as the Hearst Tower in NYC and the iconic Swiss Re tower in London — for this project, which is expected to…

This week’s edition of Capstone Law’s Philadelphia Real Estate Trends focuses on parking trends in the Philadelphia area and beyond: Many of today’s urbanites rely on alternative modes of transportation, such as car-share programs, public transportation, and biking. This trend prompted cities like Philadelphia (pursuant to its new Zoning Code), Denver, and Boston to reduce and/or eliminate parking…